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M&M has been expecting its tractor business to post a good growth while is not planning to launch any new model this fiscal.
The company has said that tractor volume growth may come in at percent in Q1 FY17 however monsoon will be playing an important factor in deciding agriculture consumption this season.
In FY 16, M&M has gained market share by 100 basis points and it plans to do better than the industry even in FY17 with the recent launch of Yuvo platform.
